EU Competition Policy

Essay specific features

 

Issue:

Business

 

Written by:

Joseph M

 

Date added:

December 23, 2012

 

Level:

University

 

Grade:

A

 

No of pages / words:

9 / 2304

 

Was viewed:

6686 times

 

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Essay content:

In an attempt to define Competition policy, Massimo Motta described it as follows: “the set of policies and laws which ensure that competition in the market place is not restricted in such a way as to reduce economic welfare.” European Competition policy is concerned with setting common standards of conduct among member states and its main goal is to ensure free and fair competition within the EU...
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It regulates the exercise of market power by large companies, governments and other economic entities. It has steadily increased its effectiveness in controlling restrictive practices, abuse of dominant positions, mergers, state aid and the liberalisation of utilities. In order to ensure that all economic entities understand, adhere and treat the competition policy with esteem, discipline is used not only with noncompliant companies but governments as well...
displayed 300 characters

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